Oireachtas Joint and Select Committees
Thursday, 5 October 2023
Public Accounts Committee
Business of Committee
9:30 am
Mr. Seamus McCarthy:
There is a provision in EU law that a contract may be extended, so long as the value of the extension is not more than 50% of the value of the original contract. What the board has done is that each time it has extended the contract it has been for a period that is likely to result in a payment that is less than 50%. However, it is my view the extensions are beyond what is contemplated in the legislation and certainly beyond the spirit of it.
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